Financial Forum

A special feature of the North Shore News

gn cash
flows to RRSPs

RRSPS ARE popular vehicles dri- RBC Dominion Securities West
ving investments in Canadian mar- Vancouver branch manager David
kets and now, abroad. French added that for people with hous-
, es and other investments in Canada,
By lan Noble placing foreign securities in their RRSPs
can be beneficial.
News Reporter Not enough people diversify outside
; Canada, French said. For those people,
Although 80% of RRSP conten: doing so in an RRSP “makes sounds
needs a maple leaf insignia, contributors portfolio sense.”
are allowed 20% foreign content in the “In the long run, you never know
registered plans. which markets will do well, when or by :
Many investment advisors urge their how much,” he said. RSI ee Ss : : Perouse :
clients to use that ceiling. But for others, who may already be ; NEWS photon Peter Kvarnstrom
As investment advisers note, Canada _ diversified outside of Canada with
contains only 3% of the world’s equities investments such as properties, diversi: MORE THAN 200 people attended the North Shore News Financial Forum to discuss
and many markets worldwide have sig- investments and seek advice from people such as Fran Burgon, Phillip Chan and Nerman
nificantly outperformed Toronto. See Markets page 38 =‘ Tyler at Richmond Savings (above left) and Robert Sneddon of Richardson Greenshields.

PW eeTTS

The reality check:
1-800-327-4888

www.scotiabank.ca

The uncomfortable truth is while a majority of Canadians worry that they w

have enough for their retirement, many aren't certain how much they need to save.
So we de I the Scotia RRSP Reality Check. You will receive a seven page
personalized report that will help you determine the amount you'll require,
and ineludes a confidential action plan designed to help you reach your targe
Simply phone the number above to get yours at no charge.
Now what could be more comforting than that?

™ Trade-matk otf The Bank ot Nova Scotia.